PixArt Imaging Future Growth

Future criteria checks 2/6

PixArt Imaging is forecast to grow earnings and revenue by 19.1% and 11.2% per annum respectively. EPS is expected to grow by 18.1% per annum. Return on equity is forecast to be 11.7% in 3 years.

Key information

19.1%

Earnings growth rate

18.1%

EPS growth rate

Semiconductor earnings growth	19.1%
Revenue growth rate	11.2%
Future return on equity	11.7%
Analyst coverage	Low
Last updated	15 Feb 2024

Recent future growth updates

Recent updates

PixArt Imaging (GTSM:3227) Has Gifted Shareholders With A Fantastic 179% Total Return On Their Investment

Mar 18

A Look At The Intrinsic Value Of PixArt Imaging Inc. (GTSM:3227)

Mar 05

Is Weakness In PixArt Imaging Inc. (GTSM:3227) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Feb 20

PixArt Imaging (GTSM:3227) Has A Rock Solid Balance Sheet

Feb 07

Can PixArt Imaging (GTSM:3227) Continue To Grow Its Returns On Capital?

Jan 25

What Does PixArt Imaging Inc.'s (GTSM:3227) Share Price Indicate?

Jan 12

Is PixArt Imaging Inc. (GTSM:3227) An Attractive Dividend Stock?

Dec 30

Shareholders Of PixArt Imaging (GTSM:3227) Must Be Happy With Their 185% Total Return

Dec 17

Calculating The Intrinsic Value Of PixArt Imaging Inc. (GTSM:3227)

Dec 04

Is PixArt Imaging Inc.'s(GTSM:3227) Recent Stock Performance Tethered To Its Strong Fundamentals?

Nov 21

Earnings and Revenue Growth Forecasts

TPEX:3227 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	7,199	1,150	N/A	1,379	1
12/31/2024	7,013	1,110	N/A	1,405	2
12/31/2023	5,845	799	1,132	1,291	N/A
9/30/2023	5,097	459	849	862	N/A
6/30/2023	4,725	884	683	703	N/A
3/31/2023	4,920	929	440	458	N/A
12/31/2022	5,226	1,051	263	295	N/A
9/30/2022	5,849	1,275	567	786	N/A
6/30/2022	6,989	1,027	698	998	N/A
3/31/2022	7,949	1,277	1,447	1,754	N/A
12/31/2021	8,801	1,576	2,470	2,763	N/A
9/30/2021	9,624	1,888	2,481	2,771	N/A
6/30/2021	9,444	1,846	2,241	2,591	N/A
3/31/2021	8,698	1,613	1,828	2,219	N/A
12/31/2020	8,148	1,457	1,220	1,657	N/A
9/30/2020	7,619	1,314	1,274	1,747	N/A
6/30/2020	7,237	1,194	1,435	1,711	N/A
3/31/2020	6,812	1,084	1,260	1,505	N/A
12/31/2019	6,075	836	1,411	1,588	N/A
9/30/2019	5,385	627	1,167	1,272	N/A
6/30/2019	5,182	631	1,159	1,292	N/A
3/31/2019	5,171	699	1,443	1,558	N/A
12/31/2018	5,513	858	1,519	1,637	N/A
9/30/2018	5,594	937	1,531	1,643	N/A
6/30/2018	5,385	851	1,386	1,439	N/A
3/31/2018	5,315	802	1,176	1,312	N/A
12/31/2017	5,118	703	978	1,133	N/A
9/30/2017	4,938	570	N/A	724	N/A
6/30/2017	4,658	369	N/A	445	N/A
3/31/2017	4,414	208	N/A	142	N/A
12/31/2016	4,338	152	N/A	267	N/A
9/30/2016	4,268	157	N/A	357	N/A
6/30/2016	4,224	220	N/A	534	N/A
3/31/2016	4,257	258	N/A	695	N/A
12/31/2015	4,320	308	N/A	662	N/A
9/30/2015	4,339	317	N/A	814	N/A
6/30/2015	4,461	312	N/A	926	N/A
3/31/2015	4,641	356	N/A	762	N/A
12/31/2014	4,749	377	N/A	755	N/A
9/30/2014	4,851	373	N/A	507	N/A
6/30/2014	5,013	390	N/A	469	N/A
3/31/2014	4,917	344	N/A	430	N/A
12/31/2013	4,629	262	N/A	383	N/A
9/30/2013	4,488	267	N/A	497	N/A
6/30/2013	4,178	283	N/A	478	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3227's forecast earnings growth (19.1% per year) is above the savings rate (1%).

Earnings vs Market: 3227's earnings (19.1% per year) are forecast to grow slower than the TW market (19.7% per year).

High Growth Earnings: 3227's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3227's revenue (11.2% per year) is forecast to grow faster than the TW market (10.6% per year).

High Growth Revenue: 3227's revenue (11.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3227's Return on Equity is forecast to be low in 3 years time (11.7%).

PixArt Imaging Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 8.3% to NT$165

Price target decreased to NT$77.50

Consensus revenue estimates fall by 16%

Consensus forecasts updated

Price target decreased to NT$178

Price target decreased to NT$206

Recent updates

PixArt Imaging Inc., Annual General Meeting, May 31, 2024

PixArt Imaging Inc. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

PixArt Imaging Inc., Annual General Meeting, May 31, 2024

PixArt Imaging Inc. to Report Q4, 2023 Results on Feb 06, 2024

PixArt Imaging Inc. to Report Q4, 2023 Results on Feb 06, 2024

Price target decreased by 8.3% to NT$165

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: NT$2.08 (vs NT$5.11 in 3Q 2022)

New minor risk - Share price stability

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 16%

Upcoming dividend of NT$6.00 per share at 5.5% yield

Now 23% undervalued

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 15%

Price target decreased to NT$77.50

Insufficient new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus revenue estimates fall by 16%

Second quarter 2022 earnings: EPS exceeds analyst expectations

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Upcoming dividend of NT$9.00 per share

Now 20% undervalued after recent price drop

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Insufficient new directors

PixArt Imaging Inc., Annual General Meeting, May 27, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to NT$178

Third quarter 2021 earnings released: EPS NT$3.43 (vs NT$3.16 in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS NT$3.69 (vs NT$2.03 in 2Q 2020)

Insufficient new directors

Upcoming dividend of NT$8.48 per share

Price target decreased to NT$206

PixArt Imaging (GTSM:3227) Is Experiencing Growth In Returns On Capital

Is Now The Time To Look At Buying PixArt Imaging Inc. (GTSM:3227)?

Is PixArt Imaging Inc. (GTSM:3227) A Good Fit For Your Dividend Portfolio?

Full year 2020 earnings released: EPS NT$10.60 (vs NT$6.23 in FY 2019)

PixArt Imaging (GTSM:3227) Has Gifted Shareholders With A Fantastic 179% Total Return On Their Investment

A Look At The Intrinsic Value Of PixArt Imaging Inc. (GTSM:3227)

New 90-day low: NT$181

Is Weakness In PixArt Imaging Inc. (GTSM:3227) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

PixArt Imaging (GTSM:3227) Has A Rock Solid Balance Sheet

New 90-day low: NT$183

Can PixArt Imaging (GTSM:3227) Continue To Grow Its Returns On Capital?

What Does PixArt Imaging Inc.'s (GTSM:3227) Share Price Indicate?

Is PixArt Imaging Inc. (GTSM:3227) An Attractive Dividend Stock?

Shareholders Of PixArt Imaging (GTSM:3227) Must Be Happy With Their 185% Total Return

Calculating The Intrinsic Value Of PixArt Imaging Inc. (GTSM:3227)

Is PixArt Imaging Inc.'s(GTSM:3227) Recent Stock Performance Tethered To Its Strong Fundamentals?

Analysts increase EPS estimates to NT$10.69

New 90-day high: NT$207

Third quarter 2020 earnings released: EPS NT$3.16

Revenue and earnings beat expectations

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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